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Ponte Vecchio

Florence, Italy

Ponte Vecchio is Italian for "Old Bridge". Although referred to in writings as far back as 996AD the oldest bridges in the world (in Turkey) are a LOT older; dating back to 850BC.

It is believed that the economic concept of bankruptcy originated on this bridge. When a merchant operating on the bridge, common in medieval AND present times, could not pay his debts, the table on which he sold his wares (the "banco") was physically broken ("rotto") by soldiers. This practice was called "bancorotto". No table; no sales. Photo © copyright by Craig Kerr.

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